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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918503 times)
CanadianGuy
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May 24, 2013, 10:48:46 PM
 #5841

would be nice to get some updates from friedcat on the status of said equipment swap.. i know he's busy but it would sure help with some shareholder confidence right now

No, I think most here would rather he focus on hardware swaps than browsing bitcointalk answering posts from sweaty investors.

touche!  Grin

In the stock market publicly traded companies talk to shareholders once or twice a quarter at most. We're lucky we get several communications a week Wink

In addition,because they moved to solo mining , this may cause we did not get the actual hash rate.....

so why does solo mining result in a lower hash rate?
SOSLOVE868
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May 24, 2013, 10:54:35 PM
 #5842

would be nice to get some updates from friedcat on the status of said equipment swap.. i know he's busy but it would sure help with some shareholder confidence right now

No, I think most here would rather he focus on hardware swaps than browsing bitcointalk answering posts from sweaty investors.

touche!  Grin

In the stock market publicly traded companies talk to shareholders once or twice a quarter at most. We're lucky we get several communications a week Wink

In addition,because they moved to solo mining , this may cause we did not get the actual hash rate.....

so why does solo mining result in a lower hash rate?
they may still not get solo mining's hash rate update to their website....I guess.....
SOSLOVE868
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May 24, 2013, 11:03:59 PM
Last edit: May 24, 2013, 11:48:39 PM by SOSLOVE868
 #5843

would be nice to get some updates from friedcat on the status of said equipment swap.. i know he's busy but it would sure help with some shareholder confidence right now

No, I think most here would rather he focus on hardware swaps than browsing bitcointalk answering posts from sweaty investors.

touche!  Grin

In the stock market publicly traded companies talk to shareholders once or twice a quarter at most. We're lucky we get several communications a week Wink

In addition,because they moved to solo mining , this may cause we did not get the actual hash rate.....

so why does solo mining result in a lower hash rate?
they may still not get solo mining's hash rate update to their website....I guess.....
http://deepfriedcat.com/   this website indicated AM hold 24% of hash rate of  entire network... but their first chart shows only around 14th/s...therefore they solo mining around 8.52Th/s.....and it not indicate in the first chart....4% lower than the highest point...I guess this 4% is due to sold out old equipments ..... 3TH for the USB ...look like we are close to to the top...once again ...I am guesses...
SmiGueL
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May 24, 2013, 11:18:20 PM
Last edit: May 24, 2013, 11:41:45 PM by SmiGueL
 #5844

http://deepfriedcat.com/   this website indicated AM hold 24% of hash rate of  entire network... but their first chart shows only around 14th/s...therefore they solo mining around 8.52Th/s.....and it not indicate in the first chart....4% lower than the highest point...I guess this 4% is due to sold out old equipments ..... 3TH for the USB and 0.5TH for the blade....look like we are close to to the top...once again ...I am guesses...

Hover over the lines, and check the dates Wink
That website isn't up2date (and doesn't include the received dividends)

Check out www.asicminercharts.com to get the hashrates of the last days.


Live stats can be found here (Hashrate explanation)

Newest pie:



Grin Cool

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
SOSLOVE868
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May 24, 2013, 11:29:48 PM
 #5845

http://deepfriedcat.com/   this website indicated AM hold 24% of hash rate of  entire network... but their first chart shows only around 14th/s...therefore they solo mining around 8.52Th/s.....and it not indicate in the first chart....4% lower than the highest point...I guess this 4% is due to sold out old equipments ..... 3TH for the USB and 0.5TH for the blade....look like we are close to to the top...once again ...I am guesses...

Hover over the lines, and check the dates Wink
That website isn't up2date (and doesn't include the received dividends)

Check out www.asicminercharts.com to get the hashrates of the last days.


Live stats can be found here (Hashrate explanation)

Newest pie:



 Grin Cool

This cool ,mate!!!
jabetizo
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May 24, 2013, 11:39:51 PM
 #5846

Why do people care about asicminer's solo mining hashrate? The pool hashrate was useful to estimate the payout amount, but with solo mining you can directly see the exact payouts. Now people are going to great lengths to estimate the solo mining hashrate from the payouts, what's the purpose?

ThickAsThieves
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May 24, 2013, 11:41:59 PM
 #5847

Why do people care about asicminer's solo mining hashrate? The pool hashrate was useful to estimate the payout, but with solo mining you can directly see the payouts. Now people are going to great lengths to estimate the solo mining hashrate from the payouts, what's the purpose?

We are doing it to confuse you. Gotcha!
CanadianGuy
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May 25, 2013, 12:05:09 AM
 #5848

Why do people care about asicminer's solo mining hashrate? The pool hashrate was useful to estimate the payout, but with solo mining you can directly see the payouts. Now people are going to great lengths to estimate the solo mining hashrate from the payouts, what's the purpose?

We are doing it to confuse you. Gotcha!

Haha!  We got him!  Best prank ever...  Tongue

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May 25, 2013, 02:20:43 AM
 #5849

http://deepfriedcat.com/   this website indicated AM hold 24% of hash rate of  entire network... but their first chart shows only around 14th/s...therefore they solo mining around 8.52Th/s.....and it not indicate in the first chart....4% lower than the highest point...I guess this 4% is due to sold out old equipments ..... 3TH for the USB and 0.5TH for the blade....look like we are close to to the top...once again ...I am guesses...

Hover over the lines, and check the dates Wink
That website isn't up2date (and doesn't include the received dividends)

Check out www.asicminercharts.com to get the hashrates of the last days.


Live stats can be found here (Hashrate explanation)

Newest pie:

https://docs.google.com/spreadsheet/oimg?key=0AkPdXsQFT-vIdGg0bC1sQmNFSWxVRU5sYmNWSDhXcFE&oid=4&zx=u1lt5dhw8lk2

Grin Cool

Smiguel we can always count on you to drop some deep knowledge on us and sexy charts
Exocyst
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May 25, 2013, 04:54:33 AM
 #5850

whats going on with asicminer right now?  Any idea of when full hash rate will be back online?
They weed out some old equipment , probably by sold out ,and waiting for new equipment to be installed...
I see some post says that AM planning to  deploy 200 TH in June....

200 THash in June? Exo need more AM shares....

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May 25, 2013, 05:20:31 AM
 #5851

whats going on with asicminer right now?  Any idea of when full hash rate will be back online?
They weed out some old equipment , probably by sold out ,and waiting for new equipment to be installed...
I see some post says that AM planning to  deploy 200 TH in June....

200 THash in June? Exo need more AM shares....

I don't think that's gonna happen now. It would only make sense if there was at least 400THash of non-AM in June, which doesn't look likely now. I think 200THash was predicated on BFL shipping in volume and all of the Avalon batches reaching customers. I think until we know for sure that hundreds of BFL customers have hardware in their hands AM won't over commit to deploying hardware too soon.

100TH is supposed to roll out in July for their shareholders, plus several times that for the founders in the months thereafter. But it's not yet clear if they're going to hit their estimates. KnCMiner and other hopefuls are aiming for September for first deliveries. When one of these players starts producing in volume, the network hash rate will go ballistic overnight as AM try to match them.

 
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May 25, 2013, 06:47:31 AM
 #5852

Started by ASICMINER, soon.....
What what :OO
More info please Smiley

Don't take everything seriously -_-!, http://www.minerwars.com/
Who says that I did? Cheesy
Though something like this would be great.

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freedomno1
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May 25, 2013, 06:57:51 AM
 #5853

Can see the movie version already  Grin

Inserts
In a world where the blockchain is in constant turmoil
Only one group of ASICS can come out on top
For the hashing power, and the block reward
Insert some (dramatic scenes)
Miner Wars 2081
Coming soon ...

Believing in Bitcoins and it's ability to change the world
Fabrizio89
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May 25, 2013, 07:28:38 AM
 #5854

It is nice to see how resilient the market is: we are still growing at a steady linear rate despite the many overbuys that were smoothly balanced.
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May 25, 2013, 07:54:08 AM
 #5855

It keeps growing,steady pace Wink

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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May 25, 2013, 08:04:42 AM
 #5856

As long as we don't do parabolic bubbles like Bitcoin does now and then we'll be fine  Grin
Of course if it happened watching this thread would probably help us as we probably started at the low end Xd

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May 25, 2013, 08:39:07 AM
 #5857

Friedcat has very good reasons NOT to deploy more hash power as long as AM hold the current high % of the global Bitcoin hashrate, and it's already close to 30%, so there is little margin here. Approaching 50%, let alone going over it would definitely (and rightfully) be seen as a threat to the security of the network (basically AM could decide what makes it to the blockchain or not, and double spend at wish), creating big FUD on BTC and probably plummeting the exchange rate. Friedcat does not want that to happen of course...

And that's not the only problem, it also wouldn't make sense economically. Always keep in mind that the money supply is constant (less the random variance, and difficulty retargeting every 2000 blocks window, that is removed when considering longer time frames). Let's suppose AM gets close to 100% of the hashrate at, say 200 Thash/sec. Then if it starts hashing at 400 Thash/sec, it would still earn close(r) to 100% and earn... just the same, but with twice the hardware costs, same for electricity costs. See the problem here?
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May 25, 2013, 08:46:36 AM
 #5858

Friedcat has very good reasons NOT to deploy more hash power as long as AM hold the current high % of the global Bitcoin hashrate, and it's already close to 30%, so there is little margin here. Approaching 50%, let alone going over it would definitely (and rightfully) be seen as a threat to the security of the network (basically AM could decide what makes it to the blockchain or not, and double spend at wish), creating big FUD on BTC and probably plummeting the exchange rate. Friedcat does not want that to happen of course...

And that's not the only problem, it also wouldn't make sense economically. Always keep in mind that the money supply is constant (less the random variance, and difficulty retargeting every 2000 blocks window, that is removed when considering longer time frames). Let's suppose AM gets close to 100% of the hashrate at, say 200 Thash/sec. Then if it starts hashing at 400 Thash/sec, it would still earn close(r) to 100% and earn... just the same, but with twice the hardware costs, same for electricity costs. See the problem here?

you are exactly right. I think the most hashrate that AM should deploy is around 35 percent of the network. More than that would be harmful to the bitcoin enviroment and economy.
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May 25, 2013, 11:58:35 AM
 #5859

Friedcat has very good reasons NOT to deploy more hash power as long as AM hold the current high % of the global Bitcoin hashrate, and it's already close to 30%, so there is little margin here. Approaching 50%, let alone going over it would definitely (and rightfully) be seen as a threat to the security of the network (basically AM could decide what makes it to the blockchain or not, and double spend at wish), creating big FUD on BTC and probably plummeting the exchange rate. Friedcat does not want that to happen of course...

And that's not the only problem, it also wouldn't make sense economically. Always keep in mind that the money supply is constant (less the random variance, and difficulty retargeting every 2000 blocks window, that is removed when considering longer time frames). Let's suppose AM gets close to 100% of the hashrate at, say 200 Thash/sec. Then if it starts hashing at 400 Thash/sec, it would still earn close(r) to 100% and earn... just the same, but with twice the hardware costs, same for electricity costs. See the problem here?

you are exactly right. I think the most hashrate that AM should deploy is around 35 percent of the network. More than that would be harmful to the bitcoin enviroment and economy.

Anywhere below 50 is fine.

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May 25, 2013, 12:09:01 PM
Last edit: May 25, 2013, 02:20:50 PM by SebastianJu
 #5860

No. Even more than 30% could be dangerous or seen as an attempt to overwhelm the network. The company is doing more than fine, there's no need to be so greedy.

One could say google is doing more than fine as a business too... but they shouldnt stop growing because they already earn much money. I doubt that AM will get much problems as long as they stay below 50%... of course its hard to ensure this because the network isnt as linear.

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